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Side-by-side financial comparison of Atai Beckley N.V. (ATAI) and Hyperliquid Strategies Inc (PURR). Click either name above to swap in a different company.

Atai Beckley N.V. is the larger business by last-quarter revenue ($749.0K vs $500.0K, roughly 1.5× Hyperliquid Strategies Inc). Atai Beckley N.V. runs the higher net margin — -8154.1% vs -60892.6%, a 52738.5% gap on every dollar of revenue.

atai Life Sciences is a pharmaceutical company that is developing psychedelics, other hallucinogens, entactogens, and related drugs for treatment of psychiatric conditions. It was founded in 2018 and is headquartered in Berlin, Germany.

ATAI vs PURR — Head-to-Head

Bigger by revenue
ATAI
ATAI
1.5× larger
ATAI
$749.0K
$500.0K
PURR
Higher net margin
ATAI
ATAI
52738.5% more per $
ATAI
-8154.1%
-60892.6%
PURR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATAI
ATAI
PURR
PURR
Revenue
$749.0K
$500.0K
Net Profit
$-61.1M
$-304.5M
Gross Margin
Operating Margin
-3796.5%
-57509.2%
Net Margin
-8154.1%
-60892.6%
Revenue YoY
1772.5%
Net Profit YoY
-132.3%
EPS (diluted)
$-0.28
$-7.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATAI
ATAI
PURR
PURR
Q4 25
$500.0K
Q3 25
$749.0K
Q2 25
$719.0K
Q1 25
$1.6M
Q4 24
$-5.0K
Q3 24
$40.0K
Q2 24
$273.0K
Q1 24
$0
Net Profit
ATAI
ATAI
PURR
PURR
Q4 25
$-304.5M
Q3 25
$-61.1M
Q2 25
$-27.7M
Q1 25
$-26.4M
Q4 24
$-39.0M
Q3 24
$-26.3M
Q2 24
$-57.3M
Q1 24
$-26.7M
Operating Margin
ATAI
ATAI
PURR
PURR
Q4 25
-57509.2%
Q3 25
-3796.5%
Q2 25
-3515.0%
Q1 25
-1310.0%
Q4 24
605500.0%
Q3 24
-56505.0%
Q2 24
-9424.5%
Q1 24
Net Margin
ATAI
ATAI
PURR
PURR
Q4 25
-60892.6%
Q3 25
-8154.1%
Q2 25
-3856.6%
Q1 25
-1699.7%
Q4 24
779160.0%
Q3 24
-65715.0%
Q2 24
-20993.4%
Q1 24
EPS (diluted)
ATAI
ATAI
PURR
PURR
Q4 25
$-7.43
Q3 25
$-0.28
Q2 25
$-0.14
Q1 25
$-0.15
Q4 24
$-0.24
Q3 24
$-0.16
Q2 24
$-0.36
Q1 24
$-0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATAI
ATAI
PURR
PURR
Cash + ST InvestmentsLiquidity on hand
$30.4M
$281.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$159.8M
$589.8M
Total Assets
$239.8M
$616.6M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAI
ATAI
PURR
PURR
Q4 25
$281.9M
Q3 25
$30.4M
Q2 25
$61.9M
Q1 25
$48.3M
Q4 24
$17.5M
Q3 24
$30.0M
Q2 24
$19.3M
Q1 24
$18.9M
Total Debt
ATAI
ATAI
PURR
PURR
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$9.3M
Q4 24
$14.1M
Q3 24
$20.3M
Q2 24
$15.2M
Q1 24
$15.1M
Stockholders' Equity
ATAI
ATAI
PURR
PURR
Q4 25
$589.8M
Q3 25
$159.8M
Q2 25
$143.7M
Q1 25
$152.1M
Q4 24
$116.3M
Q3 24
$145.7M
Q2 24
$167.9M
Q1 24
$222.5M
Total Assets
ATAI
ATAI
PURR
PURR
Q4 25
$616.6M
Q3 25
$239.8M
Q2 25
$189.2M
Q1 25
$195.8M
Q4 24
$159.4M
Q3 24
$197.5M
Q2 24
$215.8M
Q1 24
$269.1M
Debt / Equity
ATAI
ATAI
PURR
PURR
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.06×
Q4 24
0.12×
Q3 24
0.14×
Q2 24
0.09×
Q1 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATAI
ATAI
PURR
PURR
Operating Cash FlowLast quarter
$-23.3M
Free Cash FlowOCF − Capex
$-23.7M
FCF MarginFCF / Revenue
-3158.5%
Capex IntensityCapex / Revenue
52.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-80.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAI
ATAI
PURR
PURR
Q4 25
Q3 25
$-23.3M
Q2 25
$-14.1M
Q1 25
$-17.8M
Q4 24
$-24.3M
Q3 24
$-19.3M
Q2 24
$-16.2M
Q1 24
$-22.6M
Free Cash Flow
ATAI
ATAI
PURR
PURR
Q4 25
Q3 25
$-23.7M
Q2 25
$-14.2M
Q1 25
$-18.1M
Q4 24
$-24.3M
Q3 24
Q2 24
Q1 24
FCF Margin
ATAI
ATAI
PURR
PURR
Q4 25
Q3 25
-3158.5%
Q2 25
-1977.9%
Q1 25
-1164.6%
Q4 24
486020.0%
Q3 24
Q2 24
Q1 24
Capex Intensity
ATAI
ATAI
PURR
PURR
Q4 25
Q3 25
52.9%
Q2 25
17.7%
Q1 25
17.2%
Q4 24
-120.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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